3

Owosso, MI Condos for Rent

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  • /2

    $750

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    1804 James Ave Unit 1, Owosso, MI 48867

    Please contact us to have a prescreen survey emailed or texted to youWE DO NOT COLLECT ANY MONEY BEFORE SHOWINGSCute 1 bedroom apartment in Owosso1 beds1 bathOpen floor planJUST completely updatedAppliances includedWater included Coin operated laundry NO PETSRenters Insurance is RequiredUtilities must be put into tenant

    1804 James Ave Unit 1, Owosso, MI 48867
  • /20

    $980

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    326 N Washington St Unit 4, Owosso, MI 48867

    All utilities included, Owosso apartment, private 2 bedroom, safe housing, code compliant, 5-year inspection passed, Integrity Investments 27th St, veterans welcome, no utility bills, heat included, water included, electricity includedThis private 2-bedroom apartment is located in a clean, professionally managed building that passed the City of Owosso’s 2025 5-Year Rental Inspection.

    326 N Washington St Unit 4, Owosso, MI 48867
  • /12

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    1221 W Main St Unit 1221, Owosso, MI 48867

    Property Id: 2744541 Beautiful 2 bedroom apartment with historic wood floors, fireplace, and some new updates. New kitchen floors, huge living room, dining room, and kitchen. Lots of room for parking and big yard. Gas and electric is on tenant (separate meters) Trash, water and sewer is currently included in rent price. Pet friendly (for additional fee and security deposit).

    1221 W Main St Unit 1221, Owosso, MI 48867

Frequently Asked Questions

How much does it cost to rent a condo in Owosso, MI?
The median rent for a condo in Owosso, MI is $825 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Owosso, MI?
To comfortably afford the median rent in Owosso, MI, a household needs to earn roughly $36,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $900 per month in Owosso, MI, renters typically need to show $2,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Owosso, MI?
In Owosso, MI, the price-to-rent ratio is 15.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Owosso, MI are best for renting a condo?
The best neighborhood for renting in Owosso, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Old Town, Old Forest and Downtown Lansing, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$825
Median 1 Bedroom Condo Rent
$750
Median 2 Bedroom Condo Rent
$900
How to Rent a Home